Central River Heights, Winnipeg
Property score
83.1
Excellent
Overall 83.1 · Larger and newer than most nearby homes
1,940 sqft (top 7%) · Built in 1953
Located in a high-income area with median household income of ~134k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby
Living Area
Above average
44% larger than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
83.1 is composed by the two sections below.
Property Score
Community Score
Central River Heights
How to read: Share of sales in each ~$50k price band for “central river heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111046
$134K
Median household income
$170K
Average household income
3%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
19%
Single-person households
36%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
589 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 436 m), 1 education (nearest 276 m), 2 parks (nearest 168 m).
Central River Heights · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -99%
vs. prior year
Primary type
Other
100%
589 Niagara Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home on Niagara Street presents a compelling opportunity in Winnipeg's sought-after Central River Heights neighbourhood. Its key appeal lies in the combination of above-average space and a prime location. With 1,940 sqft of living area, the home is larger than 93% of houses in the neighbourhood, offering ample room for a growing family or those who value spacious interiors. The property sits on a substantial 6,679 sqft lot, ranking in the top 8% of the area, which is a significant asset for outdoor enjoyment, gardening, or future expansion. A detached garage and a renovated basement add practical value.
The home would suit buyers looking for a character property in a mature, well-established community who prioritize indoor and outdoor space over a recently built home. Its strong rankings for lot and living area size suggest it's a standout in its category, offering more house and land for the area than many comparable listings. A thoughtful perspective is that while the 1953 build date is not new, the home has likely witnessed and accommodated the evolution of family life in this neighbourhood for decades, offering a solid foundation in a timeless location.
Frequently Asked Questions
1. How does the assessed value relate to the likely listing or sale price?
The assessed value is for municipal tax purposes and is typically lower than market value. It serves as one data point, but sale prices are determined by current market conditions, the home's specific features, and recent sales of comparable properties.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from basic finishing to a fully legal secondary suite or extensive recreational space.
3. The home is older; what should I consider?
Built in 1953, the major systems (roof, wiring, plumbing, heating) and the building envelope should be a focus for inspection. An older home in a prime location often means you're investing in the land and community, with the understanding that updates may be part of future ownership.
4. How does this property compare to others on the street and nearby?
The data shows this home ranks in the top tier for lot size (top 6%) and living area (top 13%) on its own street. Compared to nearby references, it offers more living space than most, with a lot size that is a particular advantage over many neighbouring properties.
5. What is the neighbourhood character of Central River Heights?
This is a mature, established neighbourhood known for its tree-lined streets, strong sense of community, and convenient access to amenities like parks, schools, and shopping. The high rankings for lot and home size within the area indicate it's a particularly spacious property in a desirable setting.
